Home
JVC and Kenwood to team up
Karachi News.Net
Sunday 11th May, 2008
The JVC company in Japan will merge with Kenwood Corp on October 1st.
The two companies are still working out details of their holding company plan and will seek shareholder approval at their respective general shareholders meetings in late June.
JVC and Kenwood will be controlled by a holding company, which is expected to appoint Kenwood Chairman Haruo Kawahara as chairman, while JVC President Kunihiko Sato will become president.
The JVC and Kenwood brands will be kept after combined sales for the year ended March 31st came to around US$8 billion.
 Email this story to a friend
Have your say on this story
|
 |
 |
- India-born Bhutto applies for Pakistan identity card
Islamabad, July 8 (IANS) Sassi Bhutto, the India-born granddaughter of Pakistan's former prime minister Zulfikar Ali Bhutto, has applied for Pakistan national identity card apparently with an objective to enter politics and claim her share in the family property. [read story]
- Pakistan to scrap over 10,000 poverty alleviation schemes
Islamabad, July 8 (IANS) The Pakistani government is to scrap over 10,000 community-based poverty reduction and employment generation schemes launched by the previous regime. [read story]
- MQM describes Talibanization as a great threat to Pak
Karachi, July 8 : The Muttahida Quami Movement (MQM), headed by Altaf Hussain, has condemned yesterday's serial blasts in Karachi, saying it had warned about such attacks long ago. [read story]
- Zardari's Kargil comment angers Sharif's PML-N
Islamabad, July 8 (IANS) Fresh tensions have arisen in Pakistan's ruling coalition with Pakistan Peoples Party (PPP) leader Asif Ali Zardari blaming both President Pervez Musharraf and partner, former prime minister Nawaz Sharif, for the Kargil conflict of 1999 that invited international criticism. [read story]
- Zardari, Nawaz's make-or-break talks in London in a couple of days
Islamabad, July 8 : A crucial meeting between PPP Co-chairman Asif Ali Zardari and PML-N leader Nawaz Sharif is slated to be held in London in a couple of days. The meeting would likely decide the future of their coalition over the issue of reinstatement of the deposed judges. [read story]
|
|
 |
 |
|
|
